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Home - Policy - Oman announces preferred bidders for 500 MW solar tender – SPE
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Oman announces preferred bidders for 500 MW solar tender – SPE

solarenergyBy solarenergyJune 27, 2024No Comments2 Mins Read
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Authorities in Oman have announced the preferred bidders for a 500 MW solar tender for the Ibri III Solar IPP facility.

June 27, 2024 Emiliano Bellini

Oman Power and Water Procurement Co. (OPWP) has shortlisted the preferred bidders for a tender it launched in January to select independent power producers (IPP) to build a 500 MW solar farm.

The IPP The project will be built in Ibri, a city in Ad Dhahirah Governorate, in northwestern Oman.

“In response to its request for qualification, Nama Power and Water Procurement Company received twelve (12) submissions for qualification submitted by local and international developers,” OPWP said in a statement. “Nine applicants are conditionally or unconditionally qualified.”

The shortlisted bidders are UAE-based renewable energy developer Masdar, Saudi Arabian energy giant ACWA Power, a consortium formed by Saudi holding company Al Riyadh National Trading and Korean energy company Korea Midland Power, China-based Jinko Power , Singaporean energy company Sembcorp Utilities, French oil and energy company TotalEnergies, another consortium consisting of France’s EDF and Korean utility Kowepo, French energy group Engie and Japan’s Sumitomo Corp.

“Nama Power and Water Procurement Company is currently finalizing the Request for Proposals, which will soon be issued to the above-mentioned prequalified applicants upon receipt of relevant approvals,” OPWP said.

The project is the fourth 500 MW solar power plant tendered by OPWP. Only one is currently online: the 500 MW Ibri 2 solar project, which was inaugurated in January 2022 after a 13-month construction period.

All projects are part of the Omani government’s plan to add around 4 GW of renewable energy capacity by 2030. In addition to utility-scale project development, the goal will be supported by the country’s new regulations for rooftop PV, which were announced in 2018.

See also  Three emerging structures for solar and storage PPAs - SPE

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